So what to make, then, of the fact that Beck has had his own minor tax problems over the past few years?
As Beck evolved from a medium-market local radio personality to a one-man media empire with top-rated radio and television shows, best-selling books, a monthly magazine and a traveling one-man comedy tour, his production company, Mercury Radio Arts, has at times struggled to keep up with the heightened tax and filing demands accompanying his success.
Mercury, a private corporation that lists Beck as chief executive officer and his wife, Tania Beck, alternately as vice president or secretary, since 2007 has fallen behind on its New York City business income taxes and has been cited for filing errors related to its obligations under Texas franchise tax and New York state workers' compensation insurance rules.
Beck was not available for comment, and Mercury’s president, Chris Balfe, declined a requested interview. But a source with knowledge of the situation said that Mercury’s tax issues were minor, stemmed from bureaucratic confusion and were rectified quickly once the company learned of them.
“Mercury immediately resolved these very common accounting issues,” said the source, who did not want to be identified discussing Mercury’s finances. Read more:
http://www.politico.com/news/stories/0110/31245.html#ixzz0c9mvm2N6
Saturday, January 9, 2010
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